Lead Quantitative Analytics – Group Stress Testing

Nedbank; Johannesburg; On-site; ZAR 1,000,000 - 1,800,000; Full time

Job summary

Nedbank in Johannesburg is seeking a Quantitative Analytics Manager in Group Stress Testing to lead the development, governance and enhancement of best-practice quantitative models and stress testing methodologies. The role supports the Group's macroeconomic stress testing, climate-risk scenario analysis and regulatory stress tests.

Located in Group Stress Testing within Group Capital Management, the role combines deep quantitative expertise, strong programming, people leadership and disciplined

Qualifications

• Master's degree in quantitative finance, risk or related field is required or highly preferred.
• FRM/CQF or CFA are advantageous differentiators.
• At least 6 years of quantitative analytics experience in financial services including risk modelling and stress testing.

Responsibilities

• Lead design, development, implementation, maintenance and monitoring of stress testing models (MEFM) and related methodologies.
• Oversee quarterly and ad hoc stress testing and regulatory tests with accurate, timely delivery.
• Support ICAAP, capital planning, risk appetite calibration and governance with robust analytics.
• Ensure governance, documentation, version control and assurance activities are robust.
• Lead and develop a team of quantitative analysts, setting objectives and ensuring high-quality delivery.
• Engage senior stakeholders and regulators with clear, business-focused insights.

Skills

Python

Quantitative analytics

Stress testing

Econometrics

Model governance

Team leadership

Education

Master's degree in quantitative finance or risk

FRM or CQF (preferred)

Tools

R

SAS

Power BI

SQL

Job description

Nedbank in Johannesburg is seeking a Quantitative Analytics Manager in Group Stress Testing to lead the development, governance and enhancement of best-practice quantitative models and stress testing methodologies. The role supports the Group's macroeconomic stress testing, climate-risk scenario analysis and regulatory stress tests.

Located in Group Stress Testing within Group Capital Management, the role combines deep quantitative expertise, strong programming, people leadership and disciplined